Employment Opportunities » Managing Director of Private Equity
Managing Director of Private Equity
Job Type: Full Time
Posted: August 1, 2018
Location: New York City
Primary responsibilities
- Direct the day-to-day accounting and fund administration for multiple investment sponsors
- Extensive hands on involvement in preparing and reviewing work papers, investments, accruals, financial statements with footnotes and investor allocations
- Heavy client interaction on a daily basis
- Frequent communication with clients at executive level
- Maintain working relationship with all client contacts, auditors, lawyers and banking personnel
- Lead, direct, and coach team of staff Accountants at several levels
- Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Managing Director review
- Manage special projects, when required
Job Requirements, Skills, Education and Experience:
- Extensive fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the candidate has gained financial products knowledge
- 5+ years of supervisory experience
- Bachelor’s degree in Accounting, Finance, or Economics
- Advanced Mezzanine/Credit/Loan Origination investment experience preferred
- Comfortable with PIK/OID calculations
- Advanced experience in preparing capital calls and distributions including complicated waterfall models
- Very comfortable in understanding and navigating through Partnership Agreements, legal documents and Investment Agreements
- Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP
- Strong written and verbal communication skills
- Technical Knowledge and Business Acumen
- Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues
- Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
- Excellent verbal, written and interpersonal communication skills
- Strong attention to detail and accuracy
- Superior problem solving, judgment and decision making skills
- Ability to think independently, prioritize, multi-task and meet deadlines
- Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint and Outlook
- Strong leadership skills and management skills
